Boston Business Journal’s Post

End of an Era: 18 All America Firms Closing Doors in the US American retail and dining is changing irreversibly. Iconic stores and restaurants that once defined the vibrancy of community life are now fading memories, leaving behind empty storefronts and a sense of loss. What future awaits the next generation in this era of closed doors? https://lnkd.in/gc5XSGKC

Excellent Bisnow event discussing retail and hospitality in San Francisco and the Bay Area. Great data and forecasting from an exceptional panel including Lockehouse Retail Group, Inc.’s Christopher Homs who gave a detailed overview of the current market for retail, restaurants and #mixeduseretail Key take away: -Labor and the cost of money is making ground up development prohibitive -Huge demand for more supply -Not only are restaurants dealing with higher wages in California, they’re also battling more competition, higher insurance prices, and still have not met pre-Covid sales volumes of 2019. -Flight to quality real estate in prime suburban trade areas #retailrealestate #CRE #BayArea

Demand for restaurant and retail space is booming, with brokers scrambling to find new locations for a surge of new concepts. What's driving the change? - Post-pandemic rebound: Consumers are eager to dine out and shop in person again. - Limited supply: New construction has slowed, leaving a shortage of available space. - Shifting consumer habits: Smaller format stores with drive-thru or pick-up options are in high demand. To learn more: https://lnkd.in/gwgEpEWZ

It is harder to run a profitable restaurant today than it was 10 years ago. Everything is higher now: food costs, labor costs and especially rents. Combine that with more restaurants opening than ever before and the difficulty of consistently staying in front of your customer. Appreciate the inclusion Maddy McCarty! Read the full article here: https://lnkd.in/gAkzu2e9

Demand for restaurant and retail space is booming, with brokers scrambling to find new locations for a surge of new concepts. What's driving the change? - Post-pandemic rebound: Consumers are eager to dine out and shop in person again. - Limited supply: New construction has slowed, leaving a shortage of available space. - Shifting consumer habits: Smaller format stores with drive-thru or pick-up options are in high demand. To learn more: https://lnkd.in/giT7trad

Demand for restaurant and retail space is booming, with brokers scrambling to find new locations for a surge of new concepts. What's driving the change? - Post-pandemic rebound: Consumers are eager to dine out and shop in person again. - Limited supply: New construction has slowed, leaving a shortage of available space. - Shifting consumer habits: Smaller format stores with drive-thru or pick-up options are in high demand. To learn more: https://loom.ly/XrKpyJs #CRE #CRENews #Retail #Restaurant #Brokers #Investors

Demand for restaurant and retail space is booming, with brokers scrambling to find new locations for a surge of new concepts. What's driving the change? - Post-pandemic rebound: Consumers are eager to dine out - Limited supply: New construction has slowed - Shifting consumer habits: Smaller format stores with drive-thru or pick-up options 👉 https://buff.ly/4cZSj5G

Demand for restaurant and retail space is booming, with brokers scrambling to find new locations for a surge of new concepts. What's driving the change? - Post-pandemic rebound: Consumers are eager to dine out and shop in person again. - Limited supply: New construction has slowed, leaving a shortage of available space. - Shifting consumer habits: Smaller format stores with drive-thru or pick-up options are in high demand. To learn more: https://bit.ly/4duxoIj #CRE #CRENews #Retail #Restaurant #Brokers #Investors

Demand for restaurant and retail space is booming, with brokers scrambling to find new locations for a surge of new concepts. What's driving the change? - Post-pandemic rebound: Consumers are eager to dine out and shop in person again. - Limited supply: New construction has slowed, leaving a shortage of available space. - Shifting consumer habits: Smaller format stores with drive-thru or pick-up options are in high demand. To learn more: https://buff.ly/3A4uWtM #CRE #CRENews #Retail #Restaurant #Brokers #Investors

Retail leasing remains concentrated in smaller spaces of under 2,500 SF, where activity is overwhelmingly driven by growth from quick-service restaurants and personal services. Propelled by record spending on outside-of-the-home food purchases since early 2021, retail tenants in the food and beverage sector accounted for a historic high of nearly 20% of all leasing activity over the past year. Click here to read this week’s #ColliersQuickHits from Colliers’ Capital Markets Director of Research, Aaron Jodka and #ColliersRetail's Nicole Larson: https://ow.ly/UL2050SK7om #ColliersCapitalMarkets #ColliersResearch